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Small School Bus Market Trends

  • Report ID: GMI9334
  • Published Date: May 2024
  • Report Format: PDF

Small School Bus Market Trends

Small school buses are witnessing high adoption due to their fuel efficiency and reduced environmental impact. These buses often have smaller engines than standard big buses. This equates to reduced fuel consumption and low emissions of pollutants that lead to respiratory issues. As environmental awareness rises, there is an increasing need for greener transportation alternatives. The small school bus industry is primed for innovations in electric and alternative fuel sources such as propane or natural gas. These buses emit much fewer emissions than regular diesel-powered ones. Smaller buses are more fuel-efficient due to their size and weight, leading to huge long-term fuel savings for school systems. School districts may invest in small, fuel-efficient, or electric buses to demonstrate their dedication to sustainability, which can be beneficial to environmentally sensitive populations.
 

In October 2023, Baltimore City Public Schools launched a pilot program to introduce 25 electric school buses to its fleet, marking a significant step toward reducing Greenhouse Gas (GHG) emissions and improving air quality in the city. The initiative was made possible through a USD 9.4 million grant from the Environmental Protection Agency's (EPA) Clean School Bus Program, which is part of the Biden administration's Bipartisan Infrastructure Law. These electric buses are expected to serve approximately 300 students, with a focus on underserved areas and those overburdened by pollution, aligning with President Biden's Justice40 goals.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for small school bus was USD 1.3 billion in 2023 and is expected to register over 6.5% CAGR from 2024-2032 owing to the increasing focus on student safety and governments establishing more stringent restrictions for student transportation worldwide.

Small school bus industry from the diesel segment held over 85% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its availability in most areas, with a well-established network of petrol stations and refilling sites.

North America industry held 35% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to their mobility, which allows them to cross busy streets and pick up children in congested areas in the region.

Blue Bird Corporation, Collins Bus Corporation, Corbeil Bus Corporation, Forest River, Girardin Minibus, IC Bus (Navistar), Lion Electric Co., Micro Bird Inc., Phoenix Motor Car, Starcraft Bus, and Thomas Built Buses, are some of the major small school bus companies worldwide.

Small School Bus Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 300
  • Countries covered: 28
  • Pages: 250
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